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capitalist economy

 

Definitions from WordNet

Noun capitalist economy has 1 sense
  1. capitalism, capitalist economy - an economic system based on private ownership of capital
    --1 is a kind of market economy, free enterprise, laissez-faire economy

Definitions from the Web

Capitalist Economy

A capitalist economy is an economic system based on private ownership of means of production and the production and distribution of goods and services driven by profit-seeking individuals and businesses.

Senses and Usages

Sense: Economic System

In this sense, a capitalist economy refers to the economic framework where individuals and corporations privately own and operate businesses, aiming to maximize profitability and generate wealth.

Sample Sentence: The United States has a capitalist economy where businesses compete for market share and profits.

Sense: Free Market

Capitalist economy can also denote a free market system where prices and production are determined by the forces of supply and demand, rather than government intervention.

Sample Sentence: The country's transition to a capitalist economy led to increased competition and consumer choice.

Sense: Profit Orientation

Capitalist economy can describe a socio-economic system that places emphasis on accumulating profits and financial gains.

Sample Sentence: In a capitalist economy, businesses prioritize profit generation and shareholder value.

Sense: Features of Capitalism

Capitalist economy can signify various features typically associated with capitalism, such as private property rights, wage labor, and capital accumulation.

Sample Sentence: The capitalist economy relies on the ownership of private property and the employment of workers to produce goods and services.

Possible Related Products

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